A bright initiative to enhance Asia’s hospitality industry in the areas of applied technologies and financing has been signed by two leading institutions. The agreement to establish an Asia research office was signed off by Hospitality Financial and Technology Professionals CEO Frank Wolfe and Professor Kaye Chon, dean of the School of Hotel and Tourism Management at Hong Kong Polytechnic University
Backing the scheme to the tune of US$100,000, Wolfe said the student exchange scholarship named after HFTP would enable more students to gain experience from learning abroad, increase their all-round development and understand other cultures better. “HFTP has benefited greatly from our association with SHTM throughout the years,” Wolfe said. “We are proud to be able to contribute to academic and industry advancement in this special way.”
HFTP will also support faculty members from SHTM as they develop innovative teaching methods and explore fresh frontiers of applied research in collaboration with international scholars, particularly new technologies and forms of financing that will benefit the entire hospitality industry.
Chon said, “The recent benefaction from the organisation has provided a strong boost for the SHTM to make further advancement.”
PolyU’s School of Hotel and Tourism Management was ranked second in the world among hotel and tourism schools based on research and scholarship, according to a Journal of Hospitality and Tourism Research study. It was also awarded the McCool Breakthrough Award by the International Council on Hotel, Restaurant, and Institutional Education, in 2012.
